CMA shipping conference strikes deal with Informa Lloyd's List parent group Informa will take over the management of US shipping event CMA as part of a 20-year...
Ship Finance buys 15 feeders Owner stays tight-lipped on the price and the buyer, but discloses it also sold the smallest of its 22 containerships...
Nixon plays down shipper concerns ahead of ONE launch New Japanese carrier's chief executive says everything is in place to ensure transition phase runs as smoothly as possible
North West Shelf Shipping to sell LNG carriers The 125,000 cu m vessels are likely to be sold individually, not en bloc, says a source with knowledge of...
Seaspan advocates market consolidation after $380m Carlyle deal Seaspan leadership eyes bigger scale to service bigger clients and foreshadow more acquisitions - where they make sense
Noble Group gets debt restructuring lifeline and plans UK move The commodities and freight operator, which has posted huge losses in recent years amid mounting debt and been forced to...
Suez Canal introduces discounts on tanker routes after similar move on dry bulk Rate reductions, with almost half applying to crude tankers moving from the US Gulf to India, are expected to boost...
Shipping's future talent must be more adaptable It's not what you know that will get you noticed, it's whether you are agile
South Korea warns troubled STX O&S to speed up restructuring Government says it may have no choice but to 'take care' of the shipbuilder if it does not come up...
IACS keeps up with shipping technology changes London-based organisation will stick to their ideals in the midst of rapid changes, chief executive says.
Stolt-Nielsen sets out stall for 2018 Stolt Tankers set up for consolidation but chief executive wants more from the assets on hand.
Court poised to rule after Beluga trial draws to a close One of the longest fraud trials in German shipping history ends with emotional speech by chief protagonist Niels Stolberg.
AB Maritime offloads sole vintage ship Greek shipowner owner AB Maritime appears to have sold its oldest bulker. Shipbrokers said the 46,000-dwt Eugenia B (built 1998) has gone for further trading to a Middle East-based buyer for $5.75m. The demolition value of the Sanoyas Shipbuilding-constructed ship is likely to be $3.5m. Executives at the company declined to comment when contacted by TradeWinds this week. AB Maritime bought
Bing Chen: We will lead boxship consolidation New Seaspan CEO promises more growth after sealing GCI deal.
Fredriksen's Ship Finance snaps up feeder fleet Deal comes as the company sees "increasing opportunities to deploy capital in 2018".
Chartworld capesize fixed to SwissMarine Greek owner fixes out one of its three capesizes on period deal.
Owners warned: stay away from that volcano Grenada imposes 5km exclusion zone as Kick 'em Jenny gets restless.
Ship Finance selling spot trading container vessel Chief executive Ole B Hjertaker confirms Chinese built ship is leaving the fleet.
CMA strikes 20-year conference deal with Informa Agreement will see Informa replace CMA stalwart Jim Lawrence as manager of annual event.
Braemar shares rise after positive trading update Technical division rebound and NAVES deal helping full-year results at London-listed company.
Seaspan buys GCI from Carlyle in $380m deal New York-listed owner expands fleet with Chinese company's 18 containerships.
Color Line contests 'biggest ever' sulphur fine Norwegian owner blames technical problems for high readings from ro-pax.
Algoma Central back in black Tanker and bulker owner boosted by higher revenue and lack of impairments.
Bibby Offshore scores subsea hat-trick UK owner scoops three multimillion pound contracts in North Sea and Africa.
Tanker newbuilding orderbook at lowest level since 2013 One third less tankers over 100,000-dwt on order today than at start of 2016, Clarksons says.
TNG fixes out MR tanker for a year Croatian owner has option for second 12 months at higher rate.
IPO candidates lock in cover amid strongest outlook for many years Poseidon Containers and Navios Maritime Containers secure charter coverage amid bullish outlook from Alphaliner.
China Minsheng extends $12.75m loan Chinese group stretches Hope Star loan for nine months.
JJ Ugland ditches Norway flag for term deal Owner switches PSV Evita to UK; jobs to go as it brings in Eastern European crew.
Songa and Navig8 protected from SocGen claims Court rules Glencore must indemnify companies in dispute over delivery of tanker cargo.
Noble secures binding agreement for restructuring Commodities group and major dry bulk charterer in breakthrough deal with creditors.
Protests in Guinea disrupt bauxite shipments Africa's top producer of key aluminum making commodity suffers political unrest.
Lighthizer swears in new deputy USTR for investment U.S. Trade Representative Robert Lighthizer on Tuesday swore in C.J. Mahoney as deputy U.S. trade representative for investment, services, ...
Shipping firms call for uniform European reporting requirements The European Community Shipowners' Associations (ECSA) and World Shipping Council (WSC) are asking the European Commission (EC) to simplify...
USDOT awards $118m in TIGER grants for nine freight projects The U.S. Department of Transportation (USDOT) has awarded nearly $500 million in funding for 41 road, transit, maritime and rail projects u...
CTS: Global box volumes rise 5.1% in January Global transport volumes of containerized cargo grew 5.1 percent to more than 13.8 million TEUs in January 2018 compared with the same mont...
MOL forms new partnership with online trucking marketplace The logistics arm of Mitsui O.S.K. Lines (MOL) and NEXT Trucking said they have entered into a strategic partnership that will make it easi...
APMT looks landward to boost efficiencies In order to optimize the global supply chain, APM Terminals (APMT) needs to focus not only on the needs of the big container carriers that ...
Steel, aluminum tariffs could ignite multilateral talks "Section 232" tariffs on steel and aluminum the United States will begin implementing March 23 could be constructive if the U.S. is able to...
Nuclear materials transporter slapped with $2m fine The U.S. Justice Department said Transport Logistics International (TLI), a Maryland-based company that provides transportation services fo...
U.S. calculates dumping duties for Canadian newsprint The Commerce Department has preliminarily determined that Canadian exports of uncoated groundwood paper, a staple of the newspaper and book...
US oil pipeline shippers seek lower rates after tax cuts A group of US oil and NGL producers wants to be able to challenge any pipeline rate increases this year that do not reflect savings the pipeline companies will receive from new federal tax cuts.
US foreign policy turn could take 1.4 million b/d off global oil market: analysts An expected, aggressive turn in US foreign policy led by incoming Secretary of State Mike Pompeo could trigger a loss of up to 1.4 million b/d in global crude supply by the end of 2018 as the Trump administration ramps up sanctions on Venezuela and Iran, analysts said.
EIA says US fuel oil stocks at six-week high US fuel oil stocks for the week ended Friday were their highest in six weeks, Energy Information Administration data showed Wednesday Domestic stocks totaled 33.416 million barrels, a build of 729,000 barrels from last week.
FUJAIRAH DATA: Oil product stocks drop 4.5% on week to 15.962 mil barrels Total oil product stocks in Fujairah stood at 15.962 million barrels as of Monday, slipping 4.5% on the week as stocks of middle distillates fell by more than a quarter, according to latest data from the Fujairah Energy Data Committee, or FEDCom.
NYMEX product cracks rise after gasoline, distillate draws NYMEX product cracks spread rallied Wednesday after Energy Information Administration data showed larger-than-anticipated draws in gasoline and distillate stocks last week.
INTERVIEW: Large oil stockpiles weigh on tankers' freight - Bimco executive "Oil tankers are in trouble and will continue to do so as global oil and oil product stocks need to come down to a different [lower] level, than it is now," Sand said.
HSFO physical Med-North spread hits 2018 low as Med arbitrage slams shut The Northwest European high sulfur fuel oil market has fallen to its lowest level
REFINERY NEWS: China's Sinopec Fujian exports first gasoil cargo to Bangladesh The vessel CSC AMETHYST carried 41,000 mt of gasoil from Sinopec Fujian's Liyuwei port and is headed for Chittagong.
Brazil to quench China's thirst for heavy sweet crude oil Brazil would continue to quench China's thirst for heavy sweet crude oil as the heavy Australian and Indonesian grades can barely make up a combined monthly export volume of 4 million barrels, sources said.
FUTURES: Oil stable after Tillerson's exit, awaiting US stocks data "The market is now in a wait-and-watch mode," Barnabas Gan, commodity economist from OCBC bank said.
SEA\LNG supports IMO carriage ban on non-compliant bunker fuels A carriage ban will provide greater certainty to shipping lines considering new build and retrofit investment options for compliant bunkering solutions such as LNG.
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